Chinese Banking Associations Target NFTs

China’s Internet Financial Association, the China Banking Association and the China Securities Association want to “resolutely curb” the tendencies of non-fungible tokens (NFTs) to be made into financial products and securitized and to limit the risk of illegal financial activities related to the tokens, the group said in a statement published Wednesday.

Source: https://www.coindesk.com/policy/2022/04/13/chinese-banking-associations-target-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines